Offer Terms

Offer Term 1/17/2025 - 3/2/2025

This Offer (as defined below) is only available to those customers who directly received an email, text message, push notification or in app message promoting it (“Eligible Customers”) and is not transferable. Enrollment is not required. 

Eligible Customers can earn a bonus (the “Direct Deposit Bonus”), in the amount listed below, based on direct deposits made into their One deposit account during the Offer Term (the “Offer”). 

Offer is limited to one per customer. For purposes of this Offer, a direct deposit is defined as a recurring electronic transfer of funds from an Eligible Customer’s employer, payroll provider or the government that settles in a One deposit account. For the avoidance of doubt, peer to peer transfer (i.e. One to One), bank transfers from an account at another financial institution to a One deposit account, and attempted deposits that are either returned or canceled before the funds settle are not eligible to earn the Direct Deposit Bonus.

Once the Offer Term has elapsed, we will determine if you have met the offer requirements above.  A Customer may only qualify for one Direct Deposit Bonus, the amount of which will be based on their direct deposit tier, and will not be eligible for future bonus payments if deposits subsequently increase after the Offer Term.

If a Direct Deposit Bonus is earned through this Offer, it will be deposited into Savings within 15 business days of the end of the Offer Term. As of January 17, 2025, the Annual Percentage Yield (APY) for funds in Savings is 3.75% up to $250,000 for customers who either (i) received $500 or more of eligible direct deposits in the previous month, (ii) have a total daily account balance of $5,000 or more, or (iii) save directly through PayAutosave or One@Work Save, and 1.00% for all other Savings balances, but may change at any time.

This Offer may be combined with other promotions made available by One. If a particular action meets the eligibility criteria of this Offer and other available promotions, as determined by One, in its sole discretion, that action will be applied to all such promotions to the extent permitted by each promotion’s terms and conditions.

This Offer may be modified or canceled at any time, with or without notice. If it is determined that a consumer has engaged in or plans to engage in abuse or gaming in connection with this Offer, that consumer will be prohibited from further participation, forfeit any Direct Deposit Bonus that may have been earned but not yet distributed and One may recover a Direct Deposit Bonus that was previously provided in connection with this Offer. If One elects to recover a Direct Deposit Bonus from a consumer, it will recover such funds from Savings, but if there are insufficient funds in Savings to cover the Direct Deposit Bonus amount, then One may seek to recover those funds from other Pockets or Sections. One may issue an IRS Form 1099-MISC, or other appropriate forms relating to Direct Deposit Bonus earned through this Offer.